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a lousy jobs report out of november. so this was a pleasant surprise, the economy added 146,000 jobs last month. not great by it's a -- but it's a lot better than expected. it dropped to the lowest level in four years. mostly because of the people who stopped looking for work. >>> well, there are other indicators that the economic outlook is improving. for years companies have been cutting back on holiday parties. this year, local restaurants and party venues say the parties are back. cbs 5 reporter don knapp is in san francisco where more employees are celebrating the season. don? >> reporter: ann, i don't know how reliable this is as an indicator of the economy but they're counting office parties can they're really up. when the economy goes bad first things to go are the perks, but right now it looks like the parties are back. they're back. holiday office parties. this isn't one right now but pier 23 is all pumped up about parry reservations. >> it's getting off to a good start. we have quite a few parties booked. had a few yesterday. >> reporter: chased away so many office parties over
in four years. the economy added $150,000 last month. that dropped the unemployment rate down to 7.7%. those numbers do come with a grain of salt. more people stopped looking for work, therefore were not counted as unemployed. >>> stocks closing mostly high on wall street after the better than expected job report. the dow was up. the s&p 500 edged up no. however the nasdaq drop 11 points. >>> with the edge of the fiscal cliff fast approaching, only 25 days, going over it threatens to ruin the holidays for millions of americans. danielle nottingham says republicans are waiting for the president to make the next move. >> vice president joe biden at lunch with middle class americans who will take a $200,000 hit if their tax cuts expire. >> this is no time to add any additional burden on middle class people. >> while the white house is pushing congress to renew middle class tax cuts, the president says he won't take any deal that won't extend tax cuts for the wealthiest americans. >> it will take 15 minutes from the time the decision is made by the speaker of the house to pass and make
's economy. katie marzullo is live in the newsroom with that and the housing news. >> reporter: the new economic forecast from ucla has lukewarm predictions for california jobs and personal income will suffer under prop 30's tax hikes. housing improvements will help the state, california will continue to grow but not as much as it iced to. the forecast says the new tax -- tax revenues under prop 30 will slow economic growth but will not derail recovery. unemployment is one example jobless rate in california should average 10 1/2% by the end of the year improved to 9.7% in 2013 and fall to 8.4 in 2014. meanwhile, great news on home prices. they have surged more than 6% in one year, the biggest jump in six years. the median home price up $18,000 to $178,600. california is one of the top 10 states where prices are rising the fastest. just crossing the wires this morning, labor department reports u.s. workers were more productive this summer, they cost their companies less, that's good. banks are seeing profits again and starting to lend money a little more freely. katie marzullo, abc7 news
. it was estimated that the strike cost the local economy a billion dollars a day. >> as we take a break. when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. your season is here. let's just call it the baking time of year. you need special ingredients. you need the staples. that's a given. you need safeway sugar for just $1.97. and that magic thing that makes everyone want another -- only $2.99 for challenge butter. and when hands get messy, quite surely they'll say, "yum! wow! yay! butter. what a sweeter holiday." safeway. ingredients for life. >> mall come back.along with the there was an accident at silver and there is there recent crash just before cesar chavez is still slowing down the commute. this am bound for weigh is starting to move a little better but it is still slow all the way from octavia street. there is also a report of flooding a rounaround
's economy. nannette miranda has the story tonight from sacramento. >> governor brown successfully got voters to approve proposition 30, a temporary income tax increase on high earners and a boost to the statewide sales tax to save public schools. but a new forecast calls it a double-edged sword because it will drag the economy slowing growth. >> republicans have been saying that for some time. any time that you have higher taxes, it changes behavior but it also dampens the economic recovery. >> they estimated payroll growth to be between 1-2% in the next two years. it predicts unemployment rate will average 10.5% by the end of the year and then go to 9.7% next year with a jobless rate of 8.4% in 2014. >> i think it's an oversimplification. >> an economist who is school finance consultant. he says it doesn't take into account if they rejected prop 30 six billion in cuts mostly to public education. he thinks californians want to trade short term growth for an investment in kids. >> we would have been looking at shortening the school day further, more kids out the streets. that is exactly what
soon because of our declining economy. >>> head coach dennis allan will be back with the team. allan came back to the bay area from texas and spent final moments with his father. grady allan died tuesday at the age of 66. >>> and 49ers take another step closer to finishing their stadium. coming up, the signing ceremony will mark a very special occasion. >>> and right now checking on traffic, there is definitely some fog out there. tara sees it on the san mateo bridge. >>> we saw some of it in that area and it is in patches and doesn't seem to be too bad. that is so we just want to make sure folks are aware of it and we will head out to the toll plaza. that is the most congested spot. we see a fire truck and we have a wait here which extends almost to the mcarthur maze, so give yourself an extra 15 minutes to get to san francisco. you can see traffic is moving nicely in both directions here and then in the south bay, this is 237 milpitas, folks are headed westbound towards sunny veil and it's a little bit of a delay, here is steve. >>> well, at least the rain is done, there is midst a
and we think it would have a significantly negative impact on our economy but we are not backing one particular plan or the other. >> experts forecast economic turmoil in january, if a deal is not reached. in washington, i'm karin caifa. >> a controversial photograph generating making the roudns online -- generating outrage. police say a man in new york was pushed onto the subway tracks at a timesquare station -- then struck and killed by a train. a photographer on the platform picked up his camera as it all happened. we must warn you -- some viewers may find this picture disturbing. this is on the cover of the new york post. the subway train apparently just seconds away from hitting the victim. investigators say the man tried to pull himself up -- but could not make it. police are questioning a man fitting a desription from surveillance video. witnesses say the victim, and the suspect were arguing just before the crime. they also saw the suspect talking to himself. >> coming up there could be some rules and regulations for donation bins around the bay. and the next edition of peo
that is breaking that trend. suggests a modestly improving economy there. right now though most of the major european markets are trading down. checking in on our numbers the futures do indicate a lower opening here as well. a lot is going to depend on the next ten minutes. 11 minutes from now when the employment report comes out. see what happens there. small gains as you can see yesterday across the board for the dow, nasdaq, and s & p. >>> remember that card we talked to you about the gift card star buck stainless steel gift card goes on sale today. and also as the copy chain plans to open 1500 new locations. so people like starbucks. >>> time now 5:20. new problems this morning for katt williams. there is a new arrest warrant. we'll also tell you what his managers are saying about claims he has retired. >>> plus a new push to change airline policies. how it's connected to the growing popularity of e readers and tablets. >>> you can wake up with ktvu every morning get the mornings top stories that developed while you were sleeping sent straight to your cell phone every weekday morning 6:0
jobs, to grow the economy, to improve the lives of the american people. >> about twelve million americans remain out of work. economists forecast dire consequences without a washington, i'm karin caifa. >>catherine: this is the 71st anniversary of the date that will live in infamy. december 7th 19-41 was when the japanese attacked pearl harbor. this was a moment of silence as 2-thousand people gathered in hawaii to honor those killed in the surprise attack. ceremonies began at 7:55 a- m local time - the exact time the bombing began. the attack launched the u-s into world war two. coming up at six -- how the bay area marked the occasion. >>jacqueline: on the visibility and not that bad with reduced visibility novato. more on your forecast, fog and warmer temperatures, coming up. >> coming up hall of pillsbury doughboy and a high-definition camera can thelp you catch a thief in the next edition of people behaving badly. the next edition of people behaving badly. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-t
of being pumped into the economy. those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. although he says that somewhere will mean doing without some of the basics. >> it might be a pair of sneakers. it might be the jacket they want to go to school with in the winter. >> the debate in washington is not about the federal budget it's about his family's. jim axle rod cbs news west new york new jersey. >> where in the world is john macafy. why he high tailed it to a luxury resort to try and clear his name. >>> plans to build a little dog park turned into an epic fight in one bay area city. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. fire. and in this case, bushels of pot, as well. a two-alarm house fire in te haight led police to a sizee grow operation. police ended up pulling out bags of marijuana plant
will not go back up any time soon because of our declining economy. >>> the dutches was released from a london hospital. this is new video of her lifing with prince william. the palace reports she is pregnant with their first child and is less than 12 weeks pregnant. the hospital is apologizing after getting tricked into diverging -- divulging her condition. they called the hospital pretending to be the queen and prince charles. the dutches nurse divulged her condition and sleeping pattern. >>> ahmed wali karzai has made harsh criticisms about the united states and that story is coming up this morning. >>> and john macphee could be released after entering you' all mall illegal -- guatemala illegally. he said he left belize to escape police persecution. >>> a man pushing another man to his death has been arraigned. he was taken to custody on tuesday. they caught the confrontation on tape monday. davis reportedly told the police, the victim would not leave me alone so i pushed him. >>> narcotics will face a minimum of 10 years in prison when he is sentenced. he was accused of stealing and took p
. what that could mean for the california economy. >> if you're against it signing up here. >> they're prepped for a fight against a corporate giant. why some members of this neighborhood are determined to prevent the opening of yet another starbucks. >> mother nature offering us a break tonight. there is nothing, zero rainfall on high def doppler. we're coming up on a weekend. will it stay dry for saturday and sunday? here's a live peek outside. we'll see if the forecast looks good. america" label is the latest thing from apple. the silicon valley giant is aboo spend millions to begin makg computers in the >>> a made in america label is the latest thing from apple. about to spend millions of dollars to begin making computers in the united states. len ramirez on how the company is trying to tap into a hot new consumer trend. >> reporter: apple fans love their iphones. ever look at the fine print? it says designed by apple in california, assembled in china. all apple products are made in china. that's about to change. ceo tim cook announced starting next year one line of computers wi
unemployment report released this morning was better than expected. the economy added 146,000 jobs in november and the unemployment rate fell to a four-year low of 7.7%. coming up at 7:15, how this morning's job report impacts thefully negotiation -- impacts the fiscal cliff negotiation. >>> a youth group visiting florida got robbed. the group made of you of 24 teenagers and said they were eating in a restaurant in fort lauderdale, florida about an hour after they arrived for a weekend youth conference. they say thieves stole $12,000 cash. one member of the group was able to have money wired to them. so they were able to spend last night in a hotel. we have no word yet if that group will return to oakland today. >>> funeral services will be held this weekend for two teenaged girs shot to death in oakland last month. funeral services will be held for ra chef at cooper's -- raquel at cooper's and the girls were found last month near brookdale park. they had been shot as many as 36 times. no arrests have been made as of yet. >>> today is the 71st anniversary of the attack on pearl harbor. bay are
. economists fear if washington can strike a deal the economy will fall back into recession and employment will shoot up. tahman bradley, abc news, washington. >>> sarah palin stepped out on the red carpet -- nancy pelosi stepped out on the red carpet for a night of glamour she strolled before photographers at last night's kennedy center honors she talked about efforts to resolve the impasse. >> this is not a night of politics and policy, but since you asked, yes we think it would be a wonderful christmas gift to the american people for the middle class to have a tax cut come january. >> pelosi says she will try to force a house vote on a senate passed bill to break the deadlock. >> the kennedy center on -- -- they received the nation's highest award. >>> let's look outside good morning. good news, it is dry this morning as we look down on some of the clouds hanging around some of the fog trying to form as we look from mount tamalpais this morning. the key is it is trying to form, right now too many high clouds out there, that's keeping the fog from forming. here's a look at live doppler,
: the economy likely created just 80,000 new jobs last month down dramatically from the 171,000 in october. the unemployment rate could inch up to about 8%. we were at 7.9% last month. this falloff in job creation is likely due to a combination of the effects of superstorm sandy but also worries over the "fiscal cliff." >> jill, when can we expect to see the sandy-related impact diminish? >> reporter: to gauge the effect i went back to the data after hurricane katrina. katrina was a larger storm but sandy struck an area with a larger population so i think the impact on employment might look pretty similar. it took two months after katrina to return to the previous trend job growth. that means that hopefully by january, things should settle down in the data and we'll have to endure a couple of rotten months on the way. >> there we go. and we have this thing that "fiscal cliff," that so-called "fiscal cliff" "fiscal cliff" that we're sick of. how is that going to impact the whole job situation? >> reporter: you know, for a while it looks like it wasn't going to but in recent surveys we see t
will approve the the economy. >>> the national football league says it would help the oakland raiders build a new stadium. roger goodell says it's crucial the raiders improve their stadium situation and the national football league would help pay for a new one. the raiders and city of oakland have held talks about a new stadium but there is nothing certain yet. commissioner goodell said the raiders could share the 49ers new stadium but that deal would have to be worked out between those two teams. >>> bart is trying to do something for military veterans giving them some help in getting a job. the board of directors approved a new hiring policy yesterday. it gives military veterans a 5% chance over other possible perspective workers. the veterans have to have six months of active status and honorable discharge. they also have to pass an exam. the new policy begins at the beginning of the new year. >>> stretch of highway 1 that was closed down because of the recent wet weather could be back open today. it's between genre and timber road. now the recent rain especially wednesday's storm caused
become...and immigrants can help build a dynamic tomorrow. not only do immigrants help build our economy, they invigorate our soul." >> bush also said america can be a lawful society.. and a welcoming society.. at the same time. >>pam: britain's duchess of cambridge, catherine, still in the hospital.. recovering from acute morning sickness from her pregnancy. her husband.. prince william.. was spotted leaving the hospital earlier today. he reportedly spent much of yesterday by his wife's bedside. kate middleton is reportedly less than 12 weeks along. she is expected to several days. regardless of whether the duchess has a boy or a girl, the baby will be third in line to the british throne, behind prince >> houston police round up a rouge goat that was terroizing children at a middle school this afternoon. officers say the "bully" goat was chasing the kids as they walked to class.. and even tried to head-butt and bite them. no one was hurt however. cops caught up to the goat and held it until animal control arrived. they're now to figure out who owns the goat.. and where it c
gallon in city driving. 41 highway and 39 over all. that's good fuel economy. but far short of the 47 m p g that ford claims. >> ford contend it heard from some of the drives of fusion that they have gotten more than 47 miles per hour. and ford adds that driving styles another factor can cause mileage to vary. >> back to football now. festive raider fans have made their mark as most outlandish in football. raider nation truly in the league of its own. katie checked in with fans at raiderville before tonight's game. >> raider fans dedicated as they are decorated. most are outgoing. some are shy like she wouldn't tell me her age. >> she's young at heart. >>reporter: she and her son came up from l.a. >> this is our first raider game so this is exciting for u us. >>reporter: excitement and for some acceptance. >> that's right. it's all about having a good time. raiders broncos tonight matter all about having a good time. >>reporter: good time easy to find in raiderville and fans get to meet former players and snag an autograph but super fan james sorenson of hayward has all the in
economy. but far short of the 47 m p g that ford claims. >> ford contend it heard from some of the drives of fusion that they have gotten more than 47 miles per hour. and ford adds that driving styles another factor can cause mileage to vary. >> back to football now. festive raider fans have made their mark as most outlandish in football. raider nation truly in the league of its own. katie checked in with fans at raiderville before tonight's game. >> raider fans dedicated as they are decorated. most are outgoing. some are shy like she wouldn't tell me her age. >> she's young at heart. >>reporter: she and her son came up from l.a. >> this is our first raider game so this is exciting for u us. >>reporter: excitement and for some acceptance. >> that's right. it's all about having a good time. raiders broncos tonight matter all about having a good time. >>reporter: good time easy to find in raiderville and fans get to meet former players and snag an autograph but super fan james sorenson of hayward has all the ink he needs. >> al davis first trophy and i got the old school logo o. ori
it's likely president obama will improve the economy. >>> oakland airport food service workers are threatening to strike during one of the busiest times of the year. union members picketed at the port of oakland yesterday on behalf of nonunion workers who say they have been mistreated for trying to organize. one woman complained she was fired for complaining about working conditions. >> who is going to support me? i have to pay more rent. i have to pay my food. >> union members want airport contractor to address nonunion workers complaints. they also want a new contract and want both by december 17th or they may go on strike. >>> 4:34 right now. bart is giving military veterans a leg up. the board of directors approved a new hiring policy yesterday. it gives veterans a 5% chance over other perspective workers. veterans must have six months of active status and honorable discharge and they must also pass is a new exam. >>> survivors of the attack on pearl harbor will be honored today in alameda. today is the 71st anniversary of the tragedy that helped usher the united states int
everyone, but a little more from those who can afford it the most of the it's only way to put our economy on a sustainable panel without asking even more from the middle-class. >> florida senator marco rubio responded with a call for limited government, reform in the tax code and the goal of creating new taxpayers, not new taxes. >>> president obama has outlined what corporations can do to help the nation celebrate his inaugural in january. while taxes pay for the swearingin, festivities are privately funded new hampshire 2009 mr. obama refused corporate donations and he is now accepting them in packages up to $1 million. . >>> former south of canpresident nelson mandela was admitted to a hospital. current president of south africa says there was no cause for alarm by the4-year-old's health. mandela spent 27 years in prison for fighting fighting apartheid in south africa. >>> two dozen teens work on ideas at castro library this afternoon. >> it's really interesting ideas at inspection and around places like parks. >>> the winning app is called book it and would allow users to reserve mat
deadlock in washington is already starting to impact the economy. the institute for supply management says benefactress in the u.s. shrank last month. monday-- market futures for to date indicate a negative start to wall street. here is a look at yesterday's closing numbers. the dow dropped 60 points to fall below 13,000. nasdaq also fell eight points. and the s&p 500 lost close to seven. >> knows corp. says its shutting down the daily. the first most of our available exclusive for tablets devices. because they are not enough readers. this is video from the news that its debut in february 2011. it was initially available only on apple ipad, then expand to other tablets. the daily 100 employes are expected to be moved to other news operations publications. the paper is expected to release its last issue on december 15th. the move comes at--as ceo rupert murdoch appears to break news corp. into two companies. >> and internet virus is expected to the blocking side tumbler. many news organizations--storm affected many organizations tumblers, includingn reutersm, entertainment weekly, and usa t
. immigrant can help build a dynamic tomorrow. not only to immigrants help build our economy than in big rig our solo. >> (cheers and applause) mr. bush said american be a lawful and welcome in society at the same time. the time is 4:43. we will be right back on the kron 4 morning news with your news, headlines, traffic and weather. >> we will be right we are back at 4:45. officials say more than 200 people are dead after a typhoon hit the philippines. here is some of the pictures of that storm ravaged compancountry. dozens of others are missing characters are struggling to reach remote areas in the southern philippines after a powerful typhoon slammed intov min danao. the typhoon rig up trees and houses with winds reaching for near 10--near 100 in moscow our dream was lights flashing floods. 110 miles per urhour . >> we are catching a break in the bottle some light rain for petaluma. we did see heavy rain in our last report--novato. we are picking up moderate to heavy rain indicated by the yellow on your screen right around san palo stretching to berkeley. there is rain at the highway 480
on california's economy shows a recovery that continues to plod along. katie marzullo is live in the newsroom with analysis. >> reporter: for the last several years when home prices have have been in the news it has been bad, but not this morning. home prices are up, surged more than 6% in one year the biggest jump in six years. median price up $18,000 to $178,000, and california is one of the top 10 states where prices are rising the fastest. new this morning, anderson economic forecast from ucla is out, says housing improvements will help the state and california will continue to grow, but not as much as it used to. the forecast says the new tax revenues ungovernor brown's prop 30, will slow -- under governor brown's prop 30 will slow economic growth but not derail recovery. the jobless rate in california should average 10.5% by the end of the year. it should improve to 9.7% in 2013 and fall further to 8.4 in 2014. one other note of good news, u.s. banks seeing best profits in six years and are therefore leaning more freely. katie marzullo, -- lending more freely. katie marzullo, abc7 news.
report. >>> dire warning about what would happen if the u.s. economy goes over the fiscal cliff. survey says 1 1/2 million americans could lose jobs if lawmakers fail to come to agreement automatic spending cuts and tax increases are triggered inside. nationwide insurance warning computer network hacked names, birth dates, social security and driver licenses numbers likely stolen nationwide is apologizing and offering identity theft profession for years. hostess may have a buyer for its wonder bread bran. even with the sale, it could take -- take months before the bread brand wraps up again. >>> estimated 300 million dollar magic kingdom make overincludes pagers so and serving beer and wine themó?5to past five years. >>> abc7 is owned by disney. >>> big change that could be coming to storm warnings because of superstorm san >> dispute forcing bay area -- >>> welcome back. check out last three hours on live doppler, quiet radar returns over the ocean is the beam shooting into the clouds nothing is talling but moist with mist hanging in the -- nothing is falling but moist with the mist
brooks cbs money watch.com. >> better than expected news for wall street and the overall economy. the labor department reporting a gain of 46,000 jobs in november with the jobless rate fall frog 7.9 to 7.7%. economists were expecting a gain of around 75 to 95,000 jobs with hurricane sandy depressing hiring. now, it's not all good news. the labor department went back and revised september and october lower by combined 49,000 jobs. and the labor participation rate fell in november. that was likely an effect of sandy. 350,000 or so people stopping their search for work. that's what brought the unemployment rate down. not a great report but still a little bit better than what some people were forecasting. the apple a samsung case going on in federal court in san jose. the judge told lawyer for both sides that she may reduce the original award of one billion dollars saying jurors may have miscalculated the damages. but the judge may also enact sales bans against several older samsung devices so that could go either way. samsung trying to get a whole new trial in this case. >>> stock m
. the government says the storm played only a minimal role as the economy added 150,000 jobs. the unemployment rate fell to 7.7%, and that is a .2% drop. but those numbers were helped by people who stopped look for work and were not counted as unemployed. >>> on wall street, the dow is up 81 points. the s&p 500 edged up four. however, the nasdaq dropped 11 points. >>> the edge of the fiscal cliff is fast approaching. only 25 days away and going over it threatens to ruin the holidays for millions of americans. cbs reporter danielle nottingham says republicans are waiting for the president to make the next move. >> vice president joe biden at lunch with middle class americans who will take a $2,000 hit if their tax cuts expire at the end of the year. >> this is no time to add any additional burden. >> while the white house is pushing congress to renew middle class tax cuts, the president says he won't take any deal that extends tax cuts for the wealthiest americans. honor of the pearl harbor ak this is the only night of te year the beacon will shine. hared their fi >> it would take 15 minutes by the
shaky economy we are seeing now. what i feel bad for those employees are the shoppers come in at 3 a.m. to ride the ferris wheel after enjoying the city a little too much. >> they are beating the crowds. >> people like us. >> that's true. [ laughter ] >> ashley morrison of cbsmoneywatch.com, thank you. >>> all right. time for a little weather and finally we can say hey, no rain or not a lot. >> no rain today. we have some more coming but i want to show you some impressive storm totals we had in a couple of minutes over the last few days. but outside right now, it is quiet. high-def doppler radar is showing you, yup, no raindrops out there right now. and likely it will stay that way all day long. that's the first time we have been able to say that in some time. but there's another storm there in the pacific that's going to be come our way of temperatures out the door right now, you have a lot of clouds outside. 41 degrees chilly in santa rosa. 44 san jose. 49 degrees in san francisco. how about the storm totals? boy, what a series of storms we have from wednesday through sunday. here
the economy. the "institute for supply management" says, manufacturing in the u-s shrank last month. meantime, on wall street today.. points to fall below 13- thousand. the nasdaq also fell..down eight -points.. and the s-and-p 500 lost close to seven. >> watching today's winners and losers with our financial expert, rob black u.s. auto sales. >> with hurricane sandy they can go out and purchase new. still, we are above 14.4 million. we are near 15 million. sales of gm are up 3.4% a bit weaker than expected. for was a 6.5% at toyota was up 70.2 percent, chrysler up to buy 40% your financing it has loosened up a little bit we of the oldest fleet in the nation. so car buying. chrysler was up by-14% and toyota was up 70%. >> singapore airlines is a toyota-17-- >> this is not fortune america. this is for more european and cities. this is not for urgent america. to gain access to the european union i understand it that this is a way for delta to benefit and expand more international flights. >> lindsey lohan and the irs? >> yes, do not mess with the irs. her tax bill, and charlie sheen and help
rates, the economy, and public safety. the top three videos came from saint ignatius high school, the academy the arts and science and lincoln high school. >>> inmates in the south bay are using their woodworking skills to put smiles on kids' faces this holiday season. the santa clara county sheriff's office and the department of corrections donated 350 toys to the toys for tots program and they were all made by elmwood facility inmates in milpitas. they range from a car to those rocking horses. >> definitely i would love to have kids see that i have put, you know, toys together for them and, you know, just good seeing those things go out to them. >> over the last 12 years, elmwood inmates have made more than 3,000 toys for children. >>> and coming up in our next half hour, emergency services on the chopping block. the bay area city that could lose its only fire station. >> on the 8th day of the port strike in southern california, new action to try to put an end to it. >> he's making cynical comments, like filthy comments. >> then the target worker got hit by a comedian the othe
, would jeopardize the economy. fiscal cliff negotiations are now in the hands of just two people, president obama and house speaker john boehner. abc's david kerley joins us live with the latest. david, we have a positive jobs report. better than expected. consumer confidence plummeted. a lot of people attributing that to the gridlock in washington. >> reporter: they're using the jobs report right now, the obama administration. a little more fuel. and we are talking about two men now. it comes down to these two guys and a lot of jobs on the line. possible hiring freezes, furloughs if we go over the cliff. federal agencies now working on reports for the white house, of the cuts they will make if we do actually go over the cliff. a diner, middle-class taxpayers and the vice president, telling republicans a deal to extend tax cuts for all but the wealthy is easy. >> the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. >> reporter: not really. even though the two sides are talking, they aren't making much progres
the fiscal cliff and get the economy back on track. but he says it's going to take some sacrifice. here's a look at the president shaking hands with business leaders about 15 minutes ago and he's calli for tax increases on the wealthiest americans and an extension of tax rates for the middle school. talks have fallen apart in recent days. but the president insists he's working with republicans to try to get a deal. republicans are willing to cut -- >> reporter: republicans are willing to cut loopholes. here's what john boehner said. >> the revenues being put on the table are gonna come from guess who? the rich. >> reporter: republicans say it's clear to them that president obama is not serious about negotiating. reporting live from washington, d.c., alison burns, ktvu channel 2 news. >>> 8:17. we asked some people in the bay area whether they think the president and congress will reach an agreement on the fiscal cliff by the end of the year. >> they both have this position that they are not willing to back down from. i don't think they will reach it. >> i'm hoping and praying that they
that could be great news for the u.s. chi. >>> and john mcafee arrested -- economy. >>> and john mcafee arrested. ll. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ >>> well, stocks are up slightly on wall street. they've been bouncing back and forth a bit this morning, following news that europe will hold off on economical stimulus measures and unemployment benefit applications dropped last week with is consistent with moderate hiring and showing the impact of supersandy is over. the dow is currently up 5. nasdaq is up 10 and the s&p up 1. one stock to watch today is apple. checking right now, apple stock is up nearly 1% right now. it lost 6.4% of its value -- of its value yesterday. on another note, tim cook says apple will produce one of its existing lines next year. earlier this week, i fix it said it's
for the wealthiest americans, instead of raising them as he has proposed. >> this is the only way to put our economy without asking more. this is the only plan that i am willing to sign. >> for the gop, florida senator marco rubio says tax increases will not solve the nation's 16 trillion dollar debt. he says the only way to do that is through economic growth and reform of entitlement programs. rubio says that limited government can help restore the middle class. >> be extra careful of side due to the fog. this is a view from our mt. tam and there is fog in the midst of clouds. it is partly cloudy. it is mostly sunny conditions for the afternoon. clear skies are expected for the afternoon. it take a look at the yellow on your spring this is where the dense fog advisory has been issued. this is set to expire about 11:00 a.m.. napa as well as fairfield are affected by this dense fog. you can see where this is sitting in the north bay as well as the bay shore area. by 10:00 a.m. we are expected clear skies and it will stay this way for the rest of the after dole. afternos 37 degrees and napa and upper
heads to michigan for an important event on the economy and the auto industry at the daimler detroit diesel plant. >>> the president has to decide who is going to make up his new cabinet. there is speculation whether united nations ambassador susan rice will replace hillary clinton. john kerry is also up for the post replacing leon panetta. he could tap into chuck habel. >> the president has a lot of good people to choose from. he wants to put together a team. especially with international affairs. a team that overall going into the second term doesn't look like a second team, looks like a group of second stringers. >> tim geithner will stay on until the inauguration. white house chief of staff jack lew is mentioned as a replacement. >>> lawmakers said they ignored warnings about a hurricane hitting the big apple. they said it as question of time before a hurricane flooding the subway system and causing power outages in new york city. they went unheeded because of budget cuts and skepticism about a likely storm. super storm sandy is blamed for causing 125 deaths and second costliest
that lending dollars which is blood of our economy. they're taken smaller losses and they are increasing their income from their debts. >> a kettle losers is facebook agreed to pay $2 million to users which will be $10 each in settlements. this will basically go to the appetizers advertisers. th'l you will get is $10. i thought maybe that would give me facebook credit. >> privacy is a big issue and especially when you are on line. when i talk to high-school students i tell them not to postings on facebook because a person like me will not hire you. >> they do not rely set their digital footprints will follow them for the rest of their lives. the things that you did when you were 16 will follow you. >> ok another loser, is the new air jordan sneakers are getting absolutely destroyed. it has a zipper stock like a feature. michael jordan is stating that he wanted to sneak up on his opponents but to me it just looks poorly designed. $250 for the issue. >> i guess it's okay if you want to be like mike. >> the time now is 917 and will take a look at weather. >> there is light grain and we are
will improve the economy. >> the u.s. supreme court is scheduled to meet behind closed doors began today to consider reviewing the legal issues regarding same-sex marriage. that includes the challenge to california's controversial proposition 8. if the court refuses to review the prop. 8 case same-sex marriage would be legal in california and same-sex couples could marry as soon as next week. >> san jose firefighters are investigating three alarm fire that ripped through a restaurant. the fire broke out last night around 930 at the pasta pomodoro on san felipe road. authorities say that the restaurant was opened for business at the time of the fire. hit it was under control within 1/2 hour. >> a hit-and-run accident in san jose has left one person dead. residue from police flares, mark the spot where it all happen wednesday evening on the busy white road in san jose. witnesses told police, and pedestrian was struck and killed, as e.j. what southbound, near the vietnamese community center. there has been other accidents in this area but this is the first pedestrian fatality in recent memo
daughter's third birthday. >> happy birthday. >> a sign of the recovering economy. the workplace tradition that's making a come back this holiday season. >> what would you like for christmas? >> my daddy to come home. >> and the early christmas request from a little girl in wisconsin. find out if the wish came true. . >> quite a chill in the air outside the door. some of us waking up with patchy dense fog once again. we will look at what you can expect for the area. a look at your afternoon highs coming up. >-.y÷$@y+o3vhpe . >>> it's one of the biggest weekends for company parties, we are told by the silicon venue that holiday party shows are making a come back, a survey backs that claim saying 83% of companies plan to host a holiday party this year and that's up from 68% last year. that is still well below 2007 when 90% of companies were hosting those. the fairmont hotel prepped for a party of 600 last night. >> 2010 we started to see a soft come back, 2011 was better, this year we are 30% above. >> some ways companies still cut back is to have the party at the office and
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